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	<title>Royal Dutch Shell plc .com &#187; Oil Reserves</title>
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	<description>News and information on Royal Dutch Shell Plc.</description>
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		<title>WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices</title>
		<link>http://royaldutchshellplc.com/2011/02/09/wikileaks-cables-saudi-arabia-cannot-pump-enough-oil-to-keep-a-lid-on-prices/</link>
		<comments>http://royaldutchshellplc.com/2011/02/09/wikileaks-cables-saudi-arabia-cannot-pump-enough-oil-to-keep-a-lid-on-prices/#comments</comments>
		<pubDate>Wed, 09 Feb 2011 09:14:51 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Oil]]></category>
		<category><![CDATA[Oil Prices]]></category>
		<category><![CDATA[Saudi Aramco]]></category>
		<category><![CDATA[The Guardian]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[WikiLeaks]]></category>
		<category><![CDATA[Oil Reserves]]></category>
		<category><![CDATA[Saudi Arablia]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=35969</guid>
		<description><![CDATA[]]></description>
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		<title>Shell Hldr Foundation: Court Declares Shell Settlement Binding</title>
		<link>http://royaldutchshellplc.com/2009/05/29/shell-hldr-foundation-court-declares-shell-settlement-binding/</link>
		<comments>http://royaldutchshellplc.com/2009/05/29/shell-hldr-foundation-court-declares-shell-settlement-binding/#comments</comments>
		<pubDate>Fri, 29 May 2009 14:31:22 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[Shell]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>
		<category><![CDATA[Oil Reserves]]></category>
		<category><![CDATA[Oil Reserves Scandal]]></category>
		<category><![CDATA[Reserves Fraud Settlement]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=21398</guid>
		<description><![CDATA[]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Energy-Reserve Revisions</title>
		<link>http://royaldutchshellplc.com/2008/12/16/energy-reserve-revisions/</link>
		<comments>http://royaldutchshellplc.com/2008/12/16/energy-reserve-revisions/#comments</comments>
		<pubDate>Tue, 16 Dec 2008 09:16:32 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Gas]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Oil Prices]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[Shell]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>
		<category><![CDATA[Oil Reserves]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=17669</guid>
		<description><![CDATA[In 2004, Royal Dutch Shell PLC disclosed that it had overstated its reserves by 20%, leading to the ouster of its chairman, a Securities and Exchange Commission investigation and closer scrutiny of reserve calculations across the industry.]]></description>
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		<title>Cnooc Plans $29 Billion South China Sea Exploration (Update1)</title>
		<link>http://royaldutchshellplc.com/2008/11/24/cnooc-plans-29-billion-south-china-sea-exploration-update1/</link>
		<comments>http://royaldutchshellplc.com/2008/11/24/cnooc-plans-29-billion-south-china-sea-exploration-update1/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 08:20:54 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[Gas]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[Shell]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Oil Reserves]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=17142</guid>
		<description><![CDATA[China, the world's second-biggest oil user, is expediting projects including nuclear power plants, gas pipelines and oil refineries to help stimulate the domestic economy and meet future energy demand. The country will overtake the U.S. as the world's biggest oil and gas consumer in about five years, Royal Dutch Shell Plc said in September.]]></description>
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		<title>UK will face peak oil crisis within five years, report warns</title>
		<link>http://royaldutchshellplc.com/2008/10/30/uk-will-face-peak-oil-crisis-within-five-years-report-warns/</link>
		<comments>http://royaldutchshellplc.com/2008/10/30/uk-will-face-peak-oil-crisis-within-five-years-report-warns/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 00:26:07 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Oil Sands]]></category>
		<category><![CDATA[Shell]]></category>
		<category><![CDATA[The Guardian]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Oil Reserves]]></category>
		<category><![CDATA[Peak Oil]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=16593</guid>
		<description><![CDATA[Skrebowski predicts that global oil production will peak in the period 2011-2013 and then decline steadily, with non-conventional sources such as tar sands failing to fill the gap in time to avoid a serious energy crunch.]]></description>
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		<title>Investors press for disclosure of tar sands&#8217; climate risk</title>
		<link>http://royaldutchshellplc.com/2008/09/15/investors-press-for-disclosure-of-tar-sands-climate-risk/</link>
		<comments>http://royaldutchshellplc.com/2008/09/15/investors-press-for-disclosure-of-tar-sands-climate-risk/#comments</comments>
		<pubDate>Mon, 15 Sep 2008 08:20:01 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Oil]]></category>
		<category><![CDATA[Oil Sands]]></category>
		<category><![CDATA[The Guardian]]></category>
		<category><![CDATA[Oil Reserves]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=15567</guid>
		<description><![CDATA[The US regulator has been reviewing the regulations on the way reserves are calculated since 2004, when Shell fell foul of its rules and was forced to "lose" a quarter of its assets. The move led to fines, a plunging share price and the exit of its chairman, Sir Philip Watts. In June the SEC issued new proposals that would allow previously excluded resources such as oil sands to be "classified" as oil and gas reserves. They would also allow companies to disclose their "probable" and "possible" reserves as well as "proved" reserves, as at present.]]></description>
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		<item>
		<title>New reporting rules will boost oilpatch&#8217;s reserves: may lead to takeovers</title>
		<link>http://royaldutchshellplc.com/2008/09/07/new-reporting-rules-will-boost-oilpatchs-reserves-may-lead-to-takeovers/</link>
		<comments>http://royaldutchshellplc.com/2008/09/07/new-reporting-rules-will-boost-oilpatchs-reserves-may-lead-to-takeovers/#comments</comments>
		<pubDate>Sun, 07 Sep 2008 07:35:30 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Canada]]></category>
		<category><![CDATA[Gas]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[BG Group]]></category>
		<category><![CDATA[BP Plc]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[Oil Reserves]]></category>
		<category><![CDATA[Oil Sands]]></category>
		<category><![CDATA[Oil Shale]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[Shell scandal]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=15311</guid>
		<description><![CDATA[The world's second-largest non-government-controlled oil company by market value, Royal Dutch Shell, is likely to benefit most among the oil majors, analysts said. The company invested heavily in squeezing crude from bitumen-soaked soil in Alberta, and in extracting gas locked in coal beds in Australia and China, as it sought to rebuild its asset base after a reserves overbooking scandal in 2004.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cnooc&#8217;s Profit Growth to Surpass Exxon, Shell on Output, Prices</title>
		<link>http://royaldutchshellplc.com/2008/08/21/cnoocs-profit-growth-to-surpass-exxon-shell-on-output-prices/</link>
		<comments>http://royaldutchshellplc.com/2008/08/21/cnoocs-profit-growth-to-surpass-exxon-shell-on-output-prices/#comments</comments>
		<pubDate>Thu, 21 Aug 2008 08:01:25 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Oil Company Profits]]></category>
		<category><![CDATA[Oil Prices]]></category>
		<category><![CDATA[Cnooc]]></category>
		<category><![CDATA[ExxonMobil]]></category>
		<category><![CDATA[Oil Reserves]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=15018</guid>
		<description><![CDATA[Aug. 21 (Bloomberg) -- Cnooc Ltd.'s first-half profit growth may be double that of Exxon Mobil Corp. and Royal Dutch Shell Plc after China's third-largest oil company increased its crude reserves and output amid record prices.]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>FSA fines Credit Suisse £5.6m for deliberate mispricing</title>
		<link>http://royaldutchshellplc.com/2008/08/14/fsa-fines-credit-suisse-56m-for-deliberate-mispricing/</link>
		<comments>http://royaldutchshellplc.com/2008/08/14/fsa-fines-credit-suisse-56m-for-deliberate-mispricing/#comments</comments>
		<pubDate>Thu, 14 Aug 2008 06:16:15 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Oil]]></category>
		<category><![CDATA[The Independent]]></category>
		<category><![CDATA[Market Abuse]]></category>
		<category><![CDATA[Oil Reserves]]></category>
		<category><![CDATA[Scandal]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=14947</guid>
		<description><![CDATA[The largest fine – £17m – was issued to Royal Dutch Shell for market abuse. The FSA cited Shell's "unprecedented misconduct" after it mis-stated its reserves.]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Have we reached the end of the road for oil?</title>
		<link>http://royaldutchshellplc.com/2008/08/09/have-we-reached-the-end-of-the-road-for-oil/</link>
		<comments>http://royaldutchshellplc.com/2008/08/09/have-we-reached-the-end-of-the-road-for-oil/#comments</comments>
		<pubDate>Sat, 09 Aug 2008 08:53:06 +0000</pubDate>
		<dc:creator>John Donovan</dc:creator>
				<category><![CDATA[Daily Telegraph]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Oil Company Profits]]></category>
		<category><![CDATA[Oil Prices]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Exxon]]></category>
		<category><![CDATA[Oil Reserves]]></category>
		<category><![CDATA[OPEC]]></category>

		<guid isPermaLink="false">http://royaldutchshellplc.com/?p=14882</guid>
		<description><![CDATA[This means that the huge profits being made by multi-nationals such as Shell or ExxonMobil may turn out to be their last hurrah. "The days of the international oil companies are coming to a glorious end," said Fatih Birol, chief economist of the International Energy Agency, last month. "Their reserves are declining and they will have difficulty accessing new ones."]]></description>
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